11-13 Francis Ave - Apartments FOR SALE


Nyack, NY 10960
$3,100,000 USD
845-216-7670
11-13 Francis Ave, Nyack, NY for Sale
$3,100,000 USD
Apartments - FOR SALE
1/5
null | 6.16% Cap Rate

11-13 Francis Ave
Nyack, NY 10960


HIGHLIGHTS

  • Upside Potential: High demand for rentals in Nyack offers opportunities for increased rental income.
  • Walking distance to the Hudson River and parks.
  • Convenient access to public transportation to NYC, making it appealing to commuters.
  • Vibrant downtown area nearby with shops, restaurants, and entertainment.

OVERVIEW

Prime Investment Opportunity in Nyack, NY – $3.1 Million Presenting 11-13 Francis Ave, a fully rented brick apartment building situated in the heart of Nyack, just a short stroll from the Hudson River and its scenic riverside park. This well-maintained property consists of 11 apartments, a mix of one-bedroom and two-bedroom units, making it highly desirable for tenants. This property represents a rare opportunity to own a stable, income-generating asset in a high-demand rental market. With its excellent location, solid construction, and potential for increased profitability, it’s an investment that doesn’t come along often. Interested parties, don’t miss out on this exceptional opportunity!

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

11

PRICE/UNIT

$281,818

CAP RATE

6.16%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1970

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

R-2

APN/PARCEL ID

392403-060-077-0002-055-000-0000

ASK ABOUT THIS PROPERTY

Hamid MoghadamELLIS Commercial RealtyMore Info
845-216-7670

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Hamid MoghadamELLIS Commercial RealtyMore Info
845-216-7670

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.